Are you foggy about investing your money in silver? We understand your concern because the silver market is small as compared to that of gold. If you are dubious about investing your money in silver.
Here are some reasons why you should buy silver bars:
1. Silver is money
Silver has been used to make coins that have their monetary value. The British pound derived its name from the word pound, meaning the weight of the 240 sterling pennies was made from one pound of silver. If youre looking for more information about to buy silver in Switzerland check this out.
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2. Uses and properties of silver
Besides money, there is a great demand for silver because of its properties. Silver, being the best conductor of heat and electricity, has varied uses in batteries, electronics, silverware, and so on.
Also, when exposed to sunlight, silver is the most reflective metal which makes it suitable for use in solar panels and jewelry. You can also find the use of silver nitrate in photography. Silver is also used in water purifiers. Nowadays, sovereign silver is used to treat diseases ranging from the common cold to cancer.
The demand for silver is more in industrial uses than jewelry, and the demand for silver for industrial uses is growing. So, you can make silver a part of your portfolio and earn good returns in the future.